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      Question

      Priya bought a gadget at 40% discount on its listed price

      and later sold it by offering a 20% discount on the listed price. What was her profit percentage?
      A 25.25% Correct Answer Incorrect Answer
      B 10.10% Correct Answer Incorrect Answer
      C 12.12% Correct Answer Incorrect Answer
      D 33.33% Correct Answer Incorrect Answer

      Solution

      ATQ;
      Let the listed (marked) price of the gadget be Rs. '100x'

      So, cost price for Priya = 100x × 0.60 = Rs. '60x'

      And selling price for Priya = 100x × 0.80 = Rs. '80x'

      So, profit percentage = {(80x - 60x)/60x} × 100 = 33.33%

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